Crises of 1923

In weimar Germany

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  • Created by: kate
  • Created on: 08-06-10 16:51

The occupation of the Ruhr

Germany could not keep up with the reparation payments.

So France occupied the Ruhr Germany's main industrial area.

There was a policy of passive resistance this was bankrupting Germany.

The government printed more money.

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Hyperinflation

The Government printed more money this lead to hyperinflation.

This meant it took a wheelbarrow of money to buy a loaf of bread.

Workers were alright because as wages went up.

Savers savings were useless, and debtors could pay off their debts really easily.

landowners were fine.

fixed pensions were useless.

Blamed Weimar goverment.

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Munich Putsch

Hitler and the Nazis tried to overthrow Bavarian Government on the 8th and 9th Nov with General Ludendorff.

Overthrew Bavarian Government but when marched into Berlin destroyed by army.

Because Stresemann ended policy of passive resistance.

Hitler was sent to prison for 9 months and wrote mein kampf.

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Stresemann's solutions

1923 ended policy of passive resistance

1924 negotiated Dawes plan where America loaned Germany money.

1924 introduced new money to make currency stable.

1925 France and Belgium moved out of the Ruhr.

1925 agreed lorcano settlement when Germany's western borders were decided.

1926 Germany joined League of Nations

1928 Germanies industrial levels surpassed before ww1 levels

1929 agreed Young plan where Germany would pay back reparations over a slower period of time and three quarters less.

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Economic weaknesses

Germany was relaiant on America

Money from farming was going down

Unemployment was going up

A few people ran most of Germany's industry

Employers thought tax was too high (went to benefits)

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Political stability

Stresemann deposed left wing state governments to gain support of the army.

extremism was less popular when Germany was doing well

The coalitions worked better in the period 1925-9 but 25 governments in 14 years of Weimar Government.

But Hindenburg right wing pro kaiser old war leader was elected president in 1925.

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Foreign Policy

Garenteed Western borders but avoided garunteeing eastern borders

signed kellog-briand pact in 1928 to make other countries trust Germany.

armed forces withdrawn from rhineland 1929 after young plan

stresemann foreign minister 1924-29

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